PRODUCTION & OPERATIONS MANAGEMENT

System views of operations associates with the management division of the organization and assumes that all of the organizations are systems, whereas all of the systems are sub-systems of larger systems.The management of systems or processes that create goods and/or provide services.Systematic direction, control, and evaluation of the entire range of processes that transform inputs into finished goods or services.Manufacturing and Service Organizations differ chiefly because manufacturing is goods-oriented and service is act-oriented.Labor productivity allows labor comparisons between organizations.Improved efficiency leads to lower costs and better performance.The Operations Function consists of all activities directly related to producing goods or providing services.Measure of efficiency, Compares how much is produced with the resources used to produce it further grows if an organization can produce more of the right things with less resources. Productivity affects standard of living Countries with gross domestic productivity.High productivity gives a competitive edge.it lower cost allows:Lower prices, more profit or higher wage.